Private equity investment firm TPG Capital is selling its stake in a Chinese dealership group. A slowdown in China’s light vehicle sales makes an IPO less appealing and TPG figures it... Read more

Niello Co. President Rick Niello said the transaction will include both the Volvo franchise and the 2-acre property. The 93-year-old company plans to move the dealership to its Acura locatio... Read more

Longtime Ford dealer Sam Pack has acquired his first Chevy store, although he owns other brands outside the Dallas-Fort Worth area. The store has been renamed Five Star Chevrolet and has pla... Read more

Ferndale, Mich. now has two Suburban Collection dealerships after today’s announcement of its acquisition of Ed Schmid Ford. It has been renamed Suburban Ford of Ferndale. It also owns... Read more

The Wichita Luxury Collection of Wichita, Kan. has acquired a BMW franchise from Joe Self. The Wichita Luxury Collection, part of the Scholfield Auto Group, will build a new facility for the... Read more

Fairfax County Virginia has approved a Tesla dealership, its first.  Though this is not exactly Transaction News, it is about as close as we will come where Tesla is concerned.   http:/... Read more